On Tuesday, a drop in tech stocks put pressure on Wall Street at the open, with major indices set to post another month of gains following the Federal Reserve’s lax stance on massive asset purchases.
The Dow Jones Industrial Average fell 8.46 points, or 0.02%, to 35,391.38 points.
The Standard & Poor’s 500 Index rose 0.96 points, or 0.02%, to 4,529.75 points.
The Nasdaq Composite Index lost 3.01 points, or 0.02%, to 15,262.88 points.
In Monday’s session, the S&P 500 and Nasdaq hit all-time highs on Monday as dovish comments from the Federal Reserve fueled optimism about an economic recovery and calmed fears of a sudden stimulus cut.
The United States is witnessing many pandemic hurricanes that leave behind billions of dollars in losses, in one moment in which Hurricane Ida, which affects Southeast America, threatens to be the largest in terms of losses, especially with the paralysis in the movement of trains and airports and the complete power outage for more than a million homes so far, in addition to the losses caused by the destruction of homes and properties.
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